I go on what is called Realtor Tour in my area frequently to learn inventory, quality and price. Yesterday, I saw a home listed for $399,000 that had the quality of a home built in the $800,000 price range. It is a recommended buy. I can help you find these diamonds in the rough too.
I also saw a home priced at $1,000 a square foot. It had 5,600 square feet of space so you do the math. Yep, a home valued at $5,600,000. Gulf Front and private with its own pool, bathhouse, cabana, mother-in-law suite, and two car garage. It rents out for $246,000 a year in rental income. Even at this price the carpeting needed to be replaced as you could tell where renters had spilled drinks, etc. However, the home and location was spectacular. It used to be owned by an Atlanta Braves pitcher. Know anyone who can afford this luxury home? Mention my name and send them my way for a private tour of either. The photo below was taken from the outdoor back deck around the pool. The cabana belongs to this property and is wonderful for watching sunsets.
Kelly Klein, Lifeguard Real Estate, Inc.